Course Syllabus XII

CLASS XII ACCOUNTS
  • COURSE OVERVIEW
  • SYLLABUS
  • ASSIGNMENT
  • CBSE OLD PAPERS
  • SAMPLE PAPER
  • NCERT SOLUTIONS

Program Features :

Weekdays Batches and Special Weekend Batches

Total Duration of syllabus:  120 hrs

a)      3 Hours / Week  - 1 hr per Day (3 Days in a Week)

b)      3 Hours / week 1.5 hrs per Day (2 Days in a Week)

For IX and X

2 test per subject per month

 For XI and XII

1 Test Per Subject Per Month

Facilities :

Extra Classes for Doubts Removal and School Test preparation

Timely Syllabus Completion

Full Length Test series for Final Touch

Online Support 24 X 7

Course Coverage Twice

Tests & Exam Tips

Technology Aided Teaching for Difficult Concepts

Recorded Lecture for Reference

Personalized Tuitions for 9th and 10th

NTSE & JSTSE Preparatory Courses

College Admissions Assistance

CLASS XII ACCOUNTS SYLLABUS 
 
Semester III:   
 
Accounting for Not-for-Profit Organisations and Partnership Firms       (Total Periods 104) 
 
Unit I: Accounting Not-for-Profit Organisation  (Periods 24)
 
• Not-for-profit organisation: Meaning and Examples. 
• Receipts and Payments: Meaning and Concept of fund based and non-fund based accounting. 
• Preparation of Income and Expenditure account and Balance sheet from receipt and payment account with additional information. 
 
Unit II: Accounting for Partnership  (Periods 16
 
• Nature of Partnership Firm: Partnership deed (meaning, importance). 
• Final Accounts of Partnership: Fixed v/s Fluctuating capital, Division of profit among partners, Profit and Loss Appropriation account. 
 
Unit III: Reconstitution of Partnership  (Periods 40) 
 
Changes in profit sharing ratio among the existing partners – Sacrificing ratio and Gaining ratio. 
 
• Accounting for Revaluation of Assets and Liabilities and Distribution of reserves and accumulated profits.
• Goodwill: Nature, Factors affecting and Methods of valuation: Average profit, Super profit, Multiplier and Capitalisation methods.
• Admission of a Partner: Effect of admission of partner, Change in profit sharing ratio, Accounting treatment for goodwill, Revaluation of assets and liabilities, Reserves (accumulated profits) and              Adjustment of capitals.
 
• Retirement/Death of a Partner: Change in profit sharing ratio, Accounting treatment of goodwill, Revaluation of assets and liabilities, Adjustment of accumulated profits (Reserves).
 
Unit IV: Dissolution of Partnership Firm  (Periods 24) 
 
• Meaning, Settlement of accounts: Preparation of realisation account and related accounts (excluding piecemeal distribution, sale to a company and insolvency of a Spartner)

 

Accountancy  Previous Paper for Class XII Students.

Accountancy Sample Paper for Class XII Students.